Companhia de Concessoes Rodoviarias (CCR), Brazil's largest road concession operator in terms of revenue, announces its results for the 3rd quarter of 2009. Unless otherwise stated, all financial and operating data herein are presented on a consolidated basis in Reais (R$) pursuant to Brazilian Corporate Law and all comparisons refer to the 3Q08 and 9M08. Join discussion...

A plan to lease Alligator Alley to private companies has run out of gas - at least temporarily - after a deadline passed Monday with no bids to take over the 78-mile stretch of road through the Everglades. Following months of negotiations and more than a little controversy, the Florida Department of Transportation called off a public hearing that had been scheduled for May 29th after a 4 p.m. deadline elapsed without a single bid arriving to privatize the state-run toll road linking Naples to Fort Lauderdale. Join discussion...

Alligator Alley will remain in the hands of the state, for now. The Florida Department of Transportation received no bids to lease the 78-mile section of Interstate 75 by Monday's deadline. Sen. Dave Aronberg, D-Greenacres, said he hopes the state's efforts to lease the alley are over. "This idea was ill-conceived from the very beginning. It was sped through the process with minimal public input, and it deserves to be dead and buried forever," said Aronberg, whose bill to bar foreign companies from leasing state roads did not pass during session. Join discussion...

Portuguese highway operator Brisa (BRI.LB) said late Monday it has bought the 10% it didn't already own in Colorado's Northwest Parkway concession from Companhia de Concessoes Rodoviarias for $29 million. Join discussion...

Portugal's leading highway operator Brisa (BRI.LS) posted a fourth-quarter net profit of 41.8 million euros ($52.98 million) on Friday, 64 percent below its year-ago net profit but exceeding market expectations. Join discussion...

Portugal's largest highway operator, Brisa (BRI.LS), said on Wednesday a consortium in which it participates has won a concession in western Portugal requiring future investment of 459 million euros ($584.9 million). Join discussion...

Portugal will speed up highway construction in 2009, which will result in US$2.2 billion of private infrastructure spending to combat the economic crisis, Reuters reported. Join discussion...

Brisa (BRI.LS), Portugal's main highway operator, said on Tuesday the state had agreed to extend its concession by three years past the original 2032 end date, while the company assumed 118 million euros in new investment. Join discussion...

Spanish infrastructure operator Abertis is seeking to consolidate its position in a number of its subsidiaries where it does not have management control, Chairman Salvador Alemany said on Tuesday. Join discussion...

The 225mn-real (US$94.4mn) rehabilitation project on the BR-376 highway in Brazil's Paraná state, being carried out by highway concessionaire RodoNorte, will be finished by year-end, a company spokesperson told BNamericas. Join discussion...